100-Dollar-Ideas
Temps expected to be 10 to 15 degrees below normal over the near-term.
But western Corn Belt not included in forecast for above-normal precip.
Cattle on Feed Report is expected to show On Feed at 93.5% of year-ago levels.
But warns higher prices could impact purchases.
Central and Southern Plains still covered by drought.
Meteorologist Gail Martell provides her weather insight.
USDA’s Chief Economist highlights expectations for record corn and soybean production in 2013.
Highlights of USDA’s Weekly Export Sales Report.
Placements in feedlots during January totaled 1.88 million, 2% above 2012.
Focus turns to mending drought across the western Corn Belt.
Key Cattle Inventory Report to be released Friday afternoon.
Report is viewed as bullish and points to a cycle high in 2013.
USDA will release report on Friday afternoon.
Group sees 45% increase in beef exports to Japan in 2013 compared to 2012 levels.
Says no other shutters currently planned.
Meteorologist Gail Martell provides her weather insight.
Unemployment revised up to 7.8% in November, steady in December.
Precip deficits also remain wide across northern Illinois and northern Indiana.
Slight improvement noted in the South.
Says cattle prices headed higher in 2013 as North American and European supplies tighten.
But more drought relief coming to the eastern Corn Belt.